Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Components of leases

Supplemental information related to leases was as follows:

	March 31, 2020	December 31, 2019
Operating leases
Weighted average remaining lease term	9.9 years	10.0 years
Weighted average discount rate	5.8%	5.8%

	Three Months Ended March 31,
(in thousands)	2020		2019
ROU assets obtained in exchange for lease obligations
Operating leases	$	—	$	2,198
Finance leases	—		11

The components of lease expense were as follows:

	Three Months Ended March 31,
(in thousands)	2020		2019
Operating lease cost	$	2,484	$	981
Finance lease cost
Amortization of ROU assets	$	110	$	153
Interest on lease liabilities	2		2
Total finance lease cost	$	112	$	155

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities at March 31, 2020 were as follows:

(in thousands)
Year ending December 31,
2020(1)	$	3,866
2021	6,749
2022	6,985
2023	6,993
2024	7,129
Thereafter	50,935
Total lease payments	82,657
Less: Imputed interest	(22,985		)
Less: Tenant incentives	(14,505		)
Total	$	45,167

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(1)    Represents the nine months ending December 31, 2020.